EU: Abs Copolymers Market 2024

Abs Copolymers Market Size in the EU

In 2021, the EU ABS copolymers market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Abs Copolymers Production in the EU

In value terms, ABS copolymers production declined to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Abs Copolymers Exports

Exports in the EU

ABS copolymers exports skyrocketed to X tons in 2021, with an increase of 21% on the previous year's figure. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers exports soared to $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belgium (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Germany (X tons), Italy (X tons) and Hungary (X tons) represented the major exporters of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, together achieving 90% of total exports. Poland (X tons) took a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest ABS copolymers supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and Spain ($X), together accounting for 73% of total exports. These countries were followed by Germany, Italy, Hungary and Poland, which together accounted for a further 21%.

Hungary, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 43% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+1.9%), while the other leaders experienced more modest paces of growth.

Abs Copolymers Imports

Imports in the EU

ABS copolymers imports surged to X tons in 2021, growing by 20% against 2020. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers imports skyrocketed to $X in 2021. Total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by Italy (X tons), Spain (X tons), Poland (X tons), Hungary (X tons) and Belgium (X tons) represented the main importers of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms, together mixing up 67% of total imports. The following importers - the Czech Republic (X tons), Austria (X tons), France (X tons), Slovenia (X tons), Romania (X tons), Denmark (X tons) and Portugal (X tons) - together made up 23% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +14.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) were the countries with the highest levels of imports in 2021, together accounting for 47% of total imports. Spain, Belgium, the Czech Republic, Austria, Hungary, France, Romania, Denmark, Slovenia and Portugal lagged somewhat behind, together accounting for a further 43%.

Romania, with a CAGR of +13.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, with an increase of 46% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Austria ($X per ton) and Romania ($X per ton), while Spain ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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